2022
Exports
$6.57MWorld Rnk 31 / 143
Flag Rnk 713 / 1176
2022
PRODUCT COMPLEXITY IN Other Fermented Beverages
0.091Rnk 525 / 1025
2022
Imports
$7.94MWorld Rnk 43 / 218
Flag Rnk 877 / 1208
2022
ECONOMIC COMPLEXITY of Vietnam
0.2Rnk 55 / 133

About

Exports In 2022, Vietnam exported $6.57M in Other Fermented Beverages, making it the 31st largest exporter of Other Fermented Beverages in the world. At the same year, Other Fermented Beverages was the 713th most exported product in Vietnam. The main destination of Other Fermented Beverages exports from Vietnam are: Japan ($3.11M), Thailand ($3.1M), Australia ($169k), South Korea ($53.3k), and Hong Kong ($51.2k).

The fastest growing export markets for Other Fermented Beverages of Vietnam between 2021 and 2022 were Thailand ($583k), South Korea ($48.4k), and Australia ($32.5k).

Imports In 2018, Vietnam imported $7.94M in Other Fermented Beverages, becoming the 43rd largest importer of Other Fermented Beverages in the world. At the same year, Other Fermented Beverages was the 877th most imported product in Vietnam. Vietnam imports Other Fermented Beverages primarily from: Japan ($5.36M), South Korea ($1.08M), Italy ($654k), Spain ($197k), and Finland ($181k).

The fastest growing import markets in Other Fermented Beverages for Vietnam between 2021 and 2022 were Japan ($2.62M), Italy ($231k), and Finland ($181k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Other Fermented Beverages. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$6.57M
IMPORTS (2022)$7.94M
NET TRADE (2022)-$1.37M

In 2022, Vietnam exported $6.57M in Other Fermented Beverages. The main destinations of Vietnam exports on Other Fermented Beverages were Japan ($3.11M), Thailand ($3.1M), Australia ($169k), South Korea ($53.3k), and Hong Kong ($51.2k).

In 2022, Vietnam imported $7.94M in Other Fermented Beverages, mainly from Japan ($5.36M), South Korea ($1.08M), Italy ($654k), Spain ($197k), and Finland ($181k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Fermented Beverages EXPORT MARKETS FOR Vietnam WERE (2021 - 2022):
Thailand$583k (23.1%)
South Korea$48.4k (989%)
Australia$32.5k (23.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Fermented Beverages BY Vietnam WERE (2021 - 2022):
Japan-$5.58M (-64.2%)
Slovakia-$12.8k (-100%)
Indonesia-$6.24k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Vietnam's main exporting competitors in Other Fermented Beverages were:
In 2022, Vietnam's main importing competitors in Other Fermented Beverages were:

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Trade Value of Other Fermented Beverages by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALAustralia+ $143k
TOP IMPORT POTENTIALItaly+ $231k

Other Fermented Beverages’s highest export potential is Australia. With an export gap of $143k.   Other Fermented Beverages’s highest import potential is Italy with an import gap of $231k.

See methodology.

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